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NVIDIA Battles Delays In EU, UK & China For Its Planned Arm Acquisition

August 4, 2021
Source: wccftech.com wccftech.com
News Snapshot:
Chip designer NVIDIA Corporation's bid to acquire British design house Arm Ltd. is facing significant hurdles with the United Kingdom's Competition and Markets Authority (CMA). NVIDIA announced its intent to acquire the British company last year and at the same time, it outlined that the deal should be closed by March 2022 by the earliest. The CMA's rumored opposition, reported by Bloomberg News earlier today, comes after Chinese market authorities have also reportedly delayed their review and the European Union's European Commission goes on summer break without having received the relevant paperwork from NVIDIA. NVIDIA's Arm Acquisition Bid Might Be...
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China Tech Buzz Topics: acquisition | AIM | ARM | artificial intelligence | bid | blocking | Bloomberg | Britain | China | Chinese | European | finance | Huawei | manufacturing | medicine | military | national security | revenue | Sanctions | semiconductor | Taiwan | technology | United Kingdom | United States | ZTE

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